To encourage monetization of locked properties of the Municipal bodies
To encourage monetization of locked properties of the Municipal bodies, Haryana Government has made a policy for sale of shops/houses by Municipal Bodies, where possessions of such properties is with entities other than the Municipal Bodies or its….
- Chandigarh, April 22: To encourage monetization of locked properties of the Municipal bodies, Haryana Government has made a policy for sale of shops/houses by Municipal Bodies, where possessions of such properties is with entities other than the Municipal Bodies or its predecessor for a period of 20 years.
- The State Cabinet which met under the Chairmanship of Chief Minister, Sh. Manohar Lal here today approved the policy.
- The Policy may be called ‘Policy for sale of Shops/Houses by Municipal Bodies’. It will come into force on the date it is notified by the Government unless otherwise provided either in this policy or by the Government either generally or for any class or category of property/persons.
- There are a large number of properties in the shape of Shops/Houses which, though are presently owned by the Municipal Bodies but are in the possession of entities/individuals other than the Municipal Bodies for a period of 20 years or more. The Municipal Bodies find managing such properties difficult, particularly in view of the fact that the ownership/possession of such properties have, in several cases, changed hands on numerous occasions and the Municipal Bodies lack authentic documentation in this regard. Further, several Municipal Bodies are unable to even recover the rentals of such properties. On a careful consideration, it was decided to transfer the ownership of these properties to such persons who are currently in justified possession of these properties.
- As per the policy, the shops/houses and other properties of the Municipal bodies which have been assigned to persons (other than the Municipal bodies) for a period of 20 years or more shall be converted in the properties belonging to such of the persons, or shall be transferred in the ownership possession of such persons and also to sale such properties to such persons.
- This policy will not only strengthen the financial position of the Municipal bodies but will also grant the small shopkeepers and other Pattedar to the ownership of the said properties under their possession.
- As per the policy, Where the entire structure constructed by the Municipal Body or its predecessor raised on the land and the land is to be transferred to a single occupier (irrespective of number of floors constructed there upon) base rate would be the chargeable price. Similarly, where the structure constructed by the Municipal Body or its predecessor is two storied and each of such story is to be transferred to different occupier, then the chargeable price would be 60 percent of Base Rate for the occupier of ground floor and 40 percent of the Base Rate for the occupier of First Floor.
- Furthermore, where the structure constructed by the Municipal Body or its predecessor is three storied and it is to be transferred to more than one occupier, then the chargeable price would be 50 percent of Base Rate for the occupier of ground floor, 30 percent of the Base Rate for the occupier of First Floor and 20 percent of the Base Rate for the occupier of second Floor.
- For the component of structure constructed by the person(s)/entities other than the Municipal Body or its predecessor on the land and/or building mentioned above and proposed to be transferred in terms of this policy than the calculation of chargeable price of the property would be Rs 1,000 multiplied by (the total carpel area constructed by the person(s/entities other than the Municipal Body or its predecessor represented in the unit of square yards) and approved to be transferred in terms of this policy.
- The applicant/occupier in whose favour the property is to transferred by way of execution of Conveyance Deed shall also be liable to make payment of all the established taxes and arrear thereof and rent/License fee and arrears thereof including property tax/fire tax/profession tax trade tax/calling and employment tax/license feel/rent/tehbajari/lease money, etc, in addition to all the applicable taxes/dues of the Municipal Bodies or its predecessor or Government.
Also See:
